Team News Riveting
New Delhi, March 15
The Public Enterprises Selection Board (PESB) has recommended Rajarshi Gupta as the next managing director of Oil and Natural Gas Corporation (ONGC) Limited.
Gupta has been presently posted as the executive director of the ONGC.
Maharatna ONGC is the largest crude oil and natural gas Company in India, contributing around 71 per cent to Indian domestic production. Crude oil is the raw material used by downstream companies like IOC, BPCL, HPCL and MRPL (Last two are subsidiaries of ONGC) to produce petroleum products like Petrol, Diesel, Kerosene, Naphtha, and Cooking Gas LPG.
ONGC has a unique distinction of being a company with in-house service capabilities in all areas of Exploration and Production of oil & gas and related oil-field services. Winner of the Best Employer award, this public sector enterprise has a dedicated team of around 28,500 professionals who toil round the clock in challenging locations.